MicroStrategy’s Bitcoins Dominate Its Market Cap

MicroStrategy’s Bitcoins Dominate Its Market Cap

MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency ... [+] conference. (Photo by Joe Raedle/Getty Images)

MicroStrategy reported its June quarter results on Thursday with revenue and earnings exceeding expectations. However, it is its bitcoin holdings that are driving its stock price and market cap.

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